Bitcoin's price supported at $55,500 by bullish investors, but concerns arise over potential downside movements.

From Cointelegraph

August 16, 2024 2:07:29 pm:

Bitcoin’s price is being supported at $55,500 by bullish investors. However, concerns arise as futures open interest rises and a death cross appears on the BTC chart, signaling potential downside movements.

Read more at Cointelegraph: Price analysis 8/16: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB